geithner was part of the rescue at the new york fed before obama was elected and afterwards. if they've been selling shares of insurance company, i.g., dodd-frank has been passed. this is moving solidly on the fiscal thing and i think the third thing is that jack lew really is a creature of washington. ironically, he worked at a bank, he worked at city city bank. timothy geithner never did. although everybody in the country thinks he once did but i think jack lew is known as somebody, as a tough negotiator, he worked for tip o'neill, he has the confidence of the liberal democrats in congress who are needed so it shows the president's adversary will be in the beltway, in congress. gwen: he's a creature of washington, he commutes home every week. >> he mentioned queens. when he became the director of the office of management and budget, he replaced peter orszag. he took down the portrait of alexander hamilton who orszag had hanging in his office and replaced it with w.p.a. posters from new york city. >> you're talking about what a tough negotiator he can be and obviously that's